Average Finance Associate Salary in Mumbai, Maharashtra

The line graph shows Finance Associate salary in Mumbai, Maharashtra, India on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.

For Finance Associate working less than a year in a company, you notice that their annual salary starts around ₹3,89,376.00.

As the years of experience reaches 1 to 4, there is a significant increase of ₹21,010.46 which would give a total wage of INR410,386.46.

Once the experience reaches 5-9 years Finance Associate salary would increase again to a total of ₹13,86,057.55, adding ₹9,75,671.09 from the last salary increase.

After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of ₹9,65,700.00.

The bar graph data indicates the importance of specific skills which can have a direct impact on Finance Associate's salary. It clearly highlights the skills needed for a post of Finance Associate when hired by an employer.

The most vital skill expected of Finance Associate is Financial Modeling which impacts the most than the rest of the skills indicated with a staggering 95% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Modeling.

The skill least likely to affect one’s pay would be Financial Analysis with 31%. It can be said that Financial Analysis skill will unlikely impact the salary.

This combination of a line and the bar graph shows how the experience affects the salary of Finance Associate. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.

As shown in the trends, lowest earning is ₹3,87,035.00 whereas the highest earning is ₹14,12,678.00 which clearly shows the salary increases with the level of expertise.

Mid Carrer person will earn the maximum salary of ₹14,12,678.00 at 192%. So to summerize, Entry Level earns 20% less than the average salary, Early Career earns 14% less than the average salary, Mid Carrer earns 192% more than the average salary, Late Career earns 100% more than the average salary.